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HSA Contribution Limits and Other Requirements for 2022 and 2023
health savings accounts If you're covering health care costs with an HSA, contribution limits and other requirements that are adjusted for inflation each year must be satisfied.
Your Guide to Open Enrollment 2023
Employee Benefits Health care costs continue to climb, but subsidies will make some plans more affordable.
By Rivan V. Stinson • Published
Young Professionals Could Avoid Six Figures in Lifetime Taxes With an HSA
health savings accounts Running the numbers shows how health savings accounts could save one couple $160,000 in taxes. With open enrollment coming up, millions of workers should consider this tool’s benefits.
By Matthew Broom, CFP® • Published
Starting Today, Hearing Aids May be Sold Over the Counter
Healthy Living on a Budget The White House estimates people will save nearly $3,000 by not having to get them through a medical professional.
By Elaine Silvestrini • Last updated
What Will Happen With Health Costs in 2023
Business Costs & Regulation Higher drug costs will accelerate health insurance premium increases.
By David Payne • Published
Inflation Reduction Act Boosts Obamacare Tax Credit
Tax Breaks Enhancements to the premium tax credit are extended for three more years under the Inflation Reduction Act.
By Rocky Mengle • Published
‘I Can’t Retire – I Need Health Insurance’
health insurance Health insurance is seen as a huge hurdle for early retirees, but the answer to finding affordable coverage could be simpler than you think.
By T. Eric Reich, CIMA®, CFP®, CLU®, ChFC® • Published
Abortion and Taxes: What Happens Now Without Roe v. Wade?
Women & Money See how abortion-related medical expense deductions, HSA and FSA payments, employer-provided travel, and charitable contributions will be handled now that Roe v. Wade has been overturned.
By Rocky Mengle • Last updated
Savvy Strategies for Your Health Savings Account
health savings accounts HSAs are a super tax-advantaged way to save for health care expenses if you have a high-deductible health plan. So what are you waiting for?
By Andrew Rosen, CFP®, CEP • Last updated
Do You Realize the Power of HSAs? Probably Not!
health savings accounts Health savings accounts have tax-zapping superpowers. Check out these top 10 tips to help maximize the benefits of your own HSA.
By Rob Grubka, Fellow in the Society of Actuaries • Published